Considering sale. How to arrive at 'fair' value? Advise pls.

[L in NV]

I posted this elsewhere should get more traction here.

Local sale. Someone saw the trailer in my driveway.

2020 21ne
Approx.4250 miles.
Covered storage entire time.
Very good condition

Considering sale for upgrade but unsure how to arrive at a median market value (obv this isn't a liquid market). Build sheets attached.

Thoughts?

 

[John in Santa Cruz]

actual selling prices are highly dependent on what people are willing to pay. mileage really isn't that important, number of nights camped, and overall condition of the appliances and everything is far more important. a 2020 will have 5 year old tires if you've not replaced them already, thats just about when I replace them regardless of tread condition. my current tires on my 2014 are from late 2023, and have 12000 miles on them and still look new. at 5 years, I'd hope the wheel bearings have been inspected and repacked if needed, ditto the brakes serviced if needed. your original golf cart batteries are probably well on their way to 'tired' (I bought my trailer when it was 2 years old and barely used, and the batteries were almost totally dead due to not having been kept on solar or a tender). Each of these things isn't much by itself, but it all adds up. you can discount the price by an estimated price of bringing it up to snuff or you can make it all ready to take off and camp, thats up to you, and there's arguments for doing it either way. maybe the new owner wants to upgrade to Lithium batts, if so putting new GC batts in it is a waste.

 

[Donna D.]

Look in the Classified Archive and look for trailers in same condition and options. It's just a starting point. There are always two prices. What the seller is willing to sell for and what the buyer is willing to pay. It's up to both parties to negotiate final price.

 

[escaper2025]

John makes some good points above. While it doesn't help with your original question, if you want to maximize your sales price, good record keeping and keeping up with maintenance is key.

Buyers are generally impressed by and will generally pay more for a vehicle (trailer or otherwise) that has a well-documented history and maintenance records. Have a log book and record everything. Save the receipts, etc.

This will help you substantiate your asking price and differentiate you from other potential sellers who may ask for less or be willing to sell for less than you. Being able to respond, "Oh, that one is $10,000 less? What is its maintenance history? Here's mine" can be helpful when you want to explain why yours is $10,000 more.

I recommend a simple Moleskin book for vehicle logs. Something like this:

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Keep one for maintenance records and one for travel records (where you went, how long you were there, etc).

Whenever you get home from a trip, or do (or have done) work on the trailer, transfer your receipts from the Moleskin logbook to a Manila envelope with your master records.

At the end of the day, the "fair" price is what a buyer and seller agree on. No surprises there. Good record keeping can help swing the transaction to your favor.